Eagle Ford

Eagle Ford Shale Description ImageThe Eagle Ford shale formation in South Texas runs from the US-Mexico border north of Laredo in a narrow band extending northeast for several hundred miles to just north of Houston. It is located directly below the Austin Chalk. The average thickness of the Eagle Ford shale is about 475 feet. The more active part of the region is mainly in McMullen, Maverick, Dimmit, La Salle, Karnes, Live Oak, and Atascosa counties. The formation produces both natural gas and oil, but it is the oil-producing and gas condensate areas that are hottest right now.

Houston-based Apache Corp. and EOG Resources are two of the largest lease-holders in the Eagle Ford. Other major players include Petrohawk, Swift Energy, ExxonMobil, ConocoPhillips, Murphy Oil, Chesapeake, Cabot Oil & Gas, and Pioneer Natural Resources.

Eagle Ford Shale Map

Eagle Ford Shale News

NGSA forecasts lower winter gas prices on a combined analysis

Oct 1, 2014

In its 14th annual Winter Outlook assessment of the natural gas market, the Natural Gas Supply Association (NGSA) expects downward price pressure on the natural gas market compared with last winter.

Cabot to add 30,000 net acres to Eagle Ford leasehold

Sep 24, 2014

Cabot Oil & Gas Corp., Houston, has agreed to acquire 30,000 net acres in the Eagle Ford shale from an undisclosed seller for $210 million. The transaction is expected to close in October.

Investors watch with interest as Mexican energy reforms unfold

Sep 23, 2014

Mexico is implementing key aspects of its energy reform more quickly than some observers had expected. So far this year, the country has passed 21 new and amended laws relating to the sector and selected the oil and gas fields that will be placed on the block in the country’s first competitive upstream bid round, set for mid-2015.

WoodMac: EOR could boost US tight oil output 3 million b/d by 2030

Sep 23, 2014

Additional volumes from enhanced oil recovery (EOR) slated to come on stream after 2020 could boost tight oil production in the US by 1.5-3 million b/d by 2030, up to 25% more oil than is being forecasted today, according to analysis from Wood Mackenzie.

Freeport LNG supply header, compression trains advance

Sep 11, 2014

Gulf South Pipeline Co. LP, a subsidiary of Boardwalk Pipeline Partners LP has reached 20-year firm precedent agreements with foundation shippers to transport about 1.4 bcfd of natural gas on its Coastal Bend Header for the first two trains of Freeport LNG Development LP’s planned liquefaction plant, near Freeport, Tex.

Buckeye to buy Corpus Christi terminal interest in $860 million deal

Sep 2, 2014

Buckeye Partners LP has agreed to acquire 80% interest in a company that it will jointly own with Trafigura AG for $860 million. The transaction is expected to close later this month.

Declining costs enhance Duvernay shale economics

Sep 1, 2014

Alberta's Duvernay play is often characterized as Canada's Eagle Ford and is similarly seen as one of the most economically attractive plays in North America.

BHI: US rig count recoups last week’s losses, jumps to 1,914

Aug 29, 2014

The US drilling rig count jumped 18 units to reach 1,914 rigs working, gaining back the 17 units it lost last week plus one, during the week ended Aug. 29, Baker Hughes Inc. reported.

Eagle Ford water recycling thrives following change in Texas Railroad Commission rules

Aug 13, 2014

Amidst the worst Texas drought since the National Drought Mitigation Center's record keeping began 119 years ago, operators in Texas' Eagle Ford shale are taking full advantage of the recently adopted Texas Railroad Commission regulations giving operators more flexibility to recycle wastewater generated during hydraulic fracturing operations.

Report pegs average Eagle Ford shale EUR at 168,000 bbl/well

Aug 13, 2014

The average estimated ultimate recovery (EUR) of wells drilled during 2008 through mid-2013 in the Eagle Ford shale in South Texas was 168,000 bbl/well, according to the US Energy Information Administration.

Encana dives into Eagle Ford; deal will double oil production

Aug 13, 2014

Encana Oil & Gas (USA) Inc. took a leap forward on plans to increase oil production with its $3.1 billion purchase of assets in the Eagle Ford shale.

Eagle Ford Briefs

Aug 13, 2014

Sanchez says Eagle Ford acreage holds untapped potential

Aug 13, 2014

Sanchez Energy Corp. believes there is untapped Lower Eagle Ford shale potential in the South Texas acreage it is acquiring from subsidiaries of Royal Dutch Shell PLC.

High cost of maintaining Eagle Ford roads strains DeWitt County

Aug 13, 2014

Development of the Eagle Ford shale has transformed rural DeWitt County, Tex., into one of the top oil and gas producing counties in Texas, bringing with it a welcome economic stimulus.

KMI executes $71-billion consolidation purchase

Aug 11, 2014

Kinder Morgan Inc. (KMI), Kinder Morgan Energy Partners LP (KMEP), Kinder Morgan Management LLC (KMR), and El Paso Pipeline Partners LP reported that KMI will acquire all of the outstanding equity securities of KMEP, KMR and El Paso, creating a single publicly traded security, KMI. The total purchase price of the transaction was $71 billion: $40 billion KMI equity, $4 billion cash, and $27 billion assumed debt.

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